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Nov 11, 2012
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they wanted to talk about the economy and a referendum on president obama. romney had to reach a threshold level, a comfort place with voters. they simply did not do that. they shoved it off until the convention and you did not happen there. the ball simply never moved forward until he got up in the first debate in hit a grand slam. he came through in a way that the campaign had not at that point. second and third performances -- even though people say president obama won -- i know about debate scoring. people do it like a high-school debate or boxing or olympic diving and they want to do points. when i look at debates i think, do people looked at one or both candidates differently after the debase them before? you had people who had just seen this caricature of romney that came from the obama campaign. first of all, from the republican primaries where he turned himself into a pretzel, a moderately conservative guy. i met him when he was running for senate against senator kennedy in 1994. he was a relatively non- ideological guy. i would have put him on the
they wanted to talk about the economy and a referendum on president obama. romney had to reach a threshold level, a comfort place with voters. they simply did not do that. they shoved it off until the convention and you did not happen there. the ball simply never moved forward until he got up in the first debate in hit a grand slam. he came through in a way that the campaign had not at that point. second and third performances -- even though people say president obama won -- i know about debate...
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Nov 9, 2012
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it wasn't about the economy. if it had been, as the polls suggested, mitt romney would have won. >> well, it should have been about the economy but i think that the democrats did an amazing job of making this -- really amplifying what is clearly a problem within the republican party, how we're messaging about women. the fact that we were even discussing birth control, the fact that, you know, the whole forcible rape was even part of the conversation when the polls clearly show i think that millenials are moving in a much more libertarian position when it comes to social issues. they might not necessarily be democrats but -- and they might not be republicans yet but i think that socially, libertarian is the direction the country is going. >> it may not be america's going liberal. what it is is rejecting extreme positions. i think the problem mitt romney got himself into, at his heart he's really a moderate. when you look at when he was governor in massachusetts, he wasn't that far right at all but he had to go muc
it wasn't about the economy. if it had been, as the polls suggested, mitt romney would have won. >> well, it should have been about the economy but i think that the democrats did an amazing job of making this -- really amplifying what is clearly a problem within the republican party, how we're messaging about women. the fact that we were even discussing birth control, the fact that, you know, the whole forcible rape was even part of the conversation when the polls clearly show i think...
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Nov 8, 2012
11/12
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KQED
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to maintain the economy is the question. the question is will the passion prevent people from coming together in washington. how divided will the united states remained dampene? >> that is the challenge for all those people to make america a more governable country. that brings the program to a close. we will have updates on our website. thanks for watching. we will see you back here tomorrow night. >> make sense of international news at bbc.com/news. >> funding for this presentation is made possible by the freeman foundation of new york, stowe, vermont, and honolulu. newman's own foundation. and union bank. relationship managers use their guide you through the business strategies and opportunities of international commerce. we put our extended global network to work for a wide range of companies, from small businesses to majorwhat can we do for you? do for you? - get ready to blast off, neighbour. today we're going to play outer space at our friend miss elaina's house. and then we're going to play at prince wednesday's roya
to maintain the economy is the question. the question is will the passion prevent people from coming together in washington. how divided will the united states remained dampene? >> that is the challenge for all those people to make america a more governable country. that brings the program to a close. we will have updates on our website. thanks for watching. we will see you back here tomorrow night. >> make sense of international news at bbc.com/news. >> funding for this...
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Nov 9, 2012
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consumer that the economy is picking up. and consumers in the united states, the confidence level is up the highest level it has been in five years. >> we will stay for a look at the numbers in the dax. down by 0.6% on the final trading day of the week. across the atlantic on wall street coming the dow jones also flat. the euro trading at a value of $1 u.s. -- u.s. $1.2712. >> the first round of budget talks have failed to produce an agreement. european parliament is pushing for a 7% increase in spending and more money for a supplementary budget this year. germany, france, and britain want to limit increases to less than 3%. the negotiations will continue next week. >> more business news coming later in the show including economic and is from china and the once in a decade leadership change. the strongest european economy is beefing up their welfare state. parliament has approved a contentious new subsidy for stay at home parents. opposition parties have criticized this scheme as promoting outdated ideas about families in an
consumer that the economy is picking up. and consumers in the united states, the confidence level is up the highest level it has been in five years. >> we will stay for a look at the numbers in the dax. down by 0.6% on the final trading day of the week. across the atlantic on wall street coming the dow jones also flat. the euro trading at a value of $1 u.s. -- u.s. $1.2712. >> the first round of budget talks have failed to produce an agreement. european parliament is pushing for a...
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Nov 9, 2012
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what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone's ready with the know how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ ♪ [ female announcer ] life is full of little tests, but bounty basic can handle them. in this lab demo, bounty basic is stronger than the leading bargain brand. everyday life? bring it. bounty basic. now costs even less. >>> underappreciated news about this election, they are still counting ballots in arizona tonight and nowhere near done. they have more than 630,000 ballots to count in arizona, more even than they thought they had when they started reckoning with this mess yesterday. in mira cope pa county in arizona basically phoenix, more than 30,000 not counted tonight. in pima, tucson, more than 50,000. the real problem is the provisional ballots
what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone's ready with the know how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ ♪ [ female announcer ] life is full of little tests, but bounty basic can handle them. in...
WHUT (Howard University Television)
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Nov 8, 2012
11/12
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WHUT
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for women it is the economy. we have four years of what president obama has put out there. he's been the president, he's been our leader. and today with the new jobs report 7.9% this is not the new normal. we cannot have unemployment. the president told us that after he put in the stimulus we'd down to 5.6% unemployment. where is that? >> correction. the number of jobs exceeded what had been predicted and you are going to have the unemployment rate to tick back up a little bit. every time the economy looks good more people go on -- >> last -- >> 23 million unemployed. >> last word on this topic then on to the ground game. >> one of the greatest issues of our time, right now in our age, mitt romney has come out squarely on the side of greater income and equality stratification between very wealthiest and majority of people in this country. i think another piece that gloria stein ham noted that the pay tax -- women get equal pay in the workplace that we close that wage gap consistently 77% would be automatic economic stimulus. more than three quarters voters support that. mit
for women it is the economy. we have four years of what president obama has put out there. he's been the president, he's been our leader. and today with the new jobs report 7.9% this is not the new normal. we cannot have unemployment. the president told us that after he put in the stimulus we'd down to 5.6% unemployment. where is that? >> correction. the number of jobs exceeded what had been predicted and you are going to have the unemployment rate to tick back up a little bit. every time...
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Nov 10, 2012
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>> the economy might be recovering. if the recovery is not complete or if growth is tepid and slow and jobs do not come back by the time of the next presidential campaign, how will that affect the types of policies that candidates will propose? different solutions and how people might change electorally. >> i think given polling data and the uncertainty of it these days, i think there were a lot of reasonable predictions you could have made from getting barack obama to 332 would have been a reasonable prediction. getting over 304 mitt romney was within the realm of possibilities, or a reasonable person could conclude. there are lots of issues in polling now that carolina has been following closely better generally troubling to a lot of pollsters. polling procedures are developed in a nation that had landline telephones and a population that answer the phone. we do not live in such a nation anymore. peter researchers found 9% of calls resulted in a complete interview. in 1997 was 37%. is the representative of the larger
>> the economy might be recovering. if the recovery is not complete or if growth is tepid and slow and jobs do not come back by the time of the next presidential campaign, how will that affect the types of policies that candidates will propose? different solutions and how people might change electorally. >> i think given polling data and the uncertainty of it these days, i think there were a lot of reasonable predictions you could have made from getting barack obama to 332 would...
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Nov 9, 2012
11/12
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the campaign today released tape of him speaking to his volunteers and know he will speak on the economy tomorrow. in that little bit we heard from the president, we heard some gesturing towards stuff he might want to get tone in his second term and might want to get started with. we're expecting something beside s economic policy. climate change, immigration, conduct of elections and reforming that process. with more democrats in the senate and with -- i think democrats picking up seats in the house, too, despite all the things you just side, what do you think is possible? >> that's a good point. one other thing you reminded me of when you mentioned climate change. the storm did help the president. the man did his job very well, much better than his republican predecessor. that's cheating. it brought on the endorsement of mike bloomberg. one of the things the storm did was to bring climate change to the fore. to that extent, if republicans got hurt because of the storm, because of the abysmal stupid of the position denying climate change. the storm did remind people how wrong they were.
the campaign today released tape of him speaking to his volunteers and know he will speak on the economy tomorrow. in that little bit we heard from the president, we heard some gesturing towards stuff he might want to get tone in his second term and might want to get started with. we're expecting something beside s economic policy. climate change, immigration, conduct of elections and reforming that process. with more democrats in the senate and with -- i think democrats picking up seats in the...
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Nov 8, 2012
11/12
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president defies a fragile economy and high unemployment to win the election, telling the american people the best is yet to come. >> appeals from angela merkel to her european partners -- an end to the eurozone debt crisis will require more unity. >> and a parliamentary vote on another round of austerity cuts in greece. >> thanks for joining us. barack obama has won his second term in office as president of the united states, but his celebrations will be short-lived as the multitude of urgent issues on his desk draws him back to work without delay. >> the first order of business will be to negotiate a new budget deal in congress by the end of the year. otherwise, and harsh plan of spending cuts and tax increases are due to go into effect. we will hear more about that later on in the show, but first, a look back at how things play out on election night in the u.s. >> his face said it all -- president barack obama had to fight hard to keep his job in a tough race against his republican challenger, but once the result was clear, his first message to the american people was one of unity. >>
president defies a fragile economy and high unemployment to win the election, telling the american people the best is yet to come. >> appeals from angela merkel to her european partners -- an end to the eurozone debt crisis will require more unity. >> and a parliamentary vote on another round of austerity cuts in greece. >> thanks for joining us. barack obama has won his second term in office as president of the united states, but his celebrations will be short-lived as the...
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it hurt the economy. so i'm proud to be in new jersey where our folks are far more centrist and you don't have the kind of extremes. i'm really worried about a congress, this is republicans losing people like olympia snow who are leaving, dick lugar getting beat on the right. having guys like john mccain and hatch have to run far to their right just to keep their offices. this is very perilous for our country. i'm looking for us to go back where you had guys like ronald reagan and tip o'neill who reached across the aisle. >> friends in the newt gingrich second term worked very well together. >> i think we have the right president for that. but we need the right leadership coming out of congress that's going to rise up to the challenge and bring our nation together. most of us in the country are not on the margin. most of us, however we identify, republican or democrat, we have so much more in common than we do apart. that's where we hope that our government will follow where the people are. >> that's so t
it hurt the economy. so i'm proud to be in new jersey where our folks are far more centrist and you don't have the kind of extremes. i'm really worried about a congress, this is republicans losing people like olympia snow who are leaving, dick lugar getting beat on the right. having guys like john mccain and hatch have to run far to their right just to keep their offices. this is very perilous for our country. i'm looking for us to go back where you had guys like ronald reagan and tip o'neill...
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Nov 11, 2012
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republicans have passed 17 bills on economy that were not taken up by harry reid. so if you put out the policies that should be debated, and i believe they should all be debated, brought out of committee, then we should see our system work. that releases the gridlock because we as americans deserve to see that debate from our elected representatives. >> quick yes or no. do you expect that to happen? >> i expect a level of it because obama now doesn't have to deal with the re-election issue. it can get away from his base as bill clinton did. and he can maybe move forward to work in if you will maybe in a more centrist fashion. the opportunist there. will he take it is the question. >> that question will be answered for the next four years. hopefully you all come back to help us understand it. david webb, jelena maxwell, michael ed dyson thanks so much. we'll be back with "our world with black enterprise." >>> commercial consideration provided by -- >>> that wraps it up for this edition of "our world with black enterpri enterprise." you can find us on our web site or
republicans have passed 17 bills on economy that were not taken up by harry reid. so if you put out the policies that should be debated, and i believe they should all be debated, brought out of committee, then we should see our system work. that releases the gridlock because we as americans deserve to see that debate from our elected representatives. >> quick yes or no. do you expect that to happen? >> i expect a level of it because obama now doesn't have to deal with the...
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Nov 11, 2012
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it is a referendum on the economy. but the thing about it is, you have got to define your own candidate in a way and a positive way biographical advertising and testimonial advertising. you need to make them a real, three-dimensional, trustworthy individual. think of the boy scouts. that is a general idea. that is a general thing you want to get across. you need to apply that to your candidate in order to protect them from the slime that is coming. in the romney campaign, they adamantly chose not to do that. the obama campaign, give credit where credit is due, they saw their opponent was undefined. i sat with some focus groups. other than a romney was a republican nominee for president, rich successful businessman, maybe one added to all would know he was a mormon. other than that, they knew nothing about the guy. the obama campaign comes in and takes a baseball bat and basically beat his brains out. in the swing states, he never recovered from that. even when the first it happened, even when his numbers went up and al
it is a referendum on the economy. but the thing about it is, you have got to define your own candidate in a way and a positive way biographical advertising and testimonial advertising. you need to make them a real, three-dimensional, trustworthy individual. think of the boy scouts. that is a general idea. that is a general thing you want to get across. you need to apply that to your candidate in order to protect them from the slime that is coming. in the romney campaign, they adamantly chose...
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. >> everyone wants to get our economy moving again. everyone wants more americans back to work again. raising tax rates will slow down our ability to create the jobs that everyone says they want. >> reporter: without an agreement the average american household could see a taxip crease of $3500 putting a debt in the deficit but hitting consumer spending as the economy struggles to get back on track. in washington, back to you. >> skepticism about a compromise derailed a rally on wall street. the dow got a 4 point gain. it was a rough week for both indexes as each lost more than 2%. >>> bay area congresswoman, spear, says she believes compromise to avoid the cliff is possible but that it has to come from both sides of the aisle. >> i think the miles an the american people spoken loud and clear. that is something that the respects take to heart. other waoeusz the tax cuts will just expire. they will expire on everybody. >> one analyst we talked with pressure from the public can help break the deadlock in congress. >>> president barack oba
. >> everyone wants to get our economy moving again. everyone wants more americans back to work again. raising tax rates will slow down our ability to create the jobs that everyone says they want. >> reporter: without an agreement the average american household could see a taxip crease of $3500 putting a debt in the deficit but hitting consumer spending as the economy struggles to get back on track. in washington, back to you. >> skepticism about a compromise derailed a rally...
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the new 2013 ram 1500. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. to compete on the global stage. what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ >> sean: welcome back to eye special election edition of media mash, a weekly roundup of all the way, the liberal media tries to spin the news. this week, hollywood is not just gloating that barack obama won another four more years, they are making downright, disturbing, disgusting comments about all of this. brent bozel is here. welcome back. >> good. how are you. >> sean: got to start with our friend, thrill up his leg, chris matthews, i have to say in the final weeks and months of this campaig
the new 2013 ram 1500. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. to compete on the global stage. what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure...
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Nov 10, 2012
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there other issues on the economy. when we pulled our weekly tracking poll 70 to 20% said they trusted the democrats economic policies on the economy compared to republicans so there are other issues. what i want to say is 51% of latinos are not going to report the republican. their goal needs to be they had that 40% level that w was able to do in that will make them competitive and they need to create a goal for. they cannot concede 97% of the black vote. start with 12, start with 17 but they need to make inroads and it's unrealistic to you to say let's not go after hispanics because if they get into those 38 to 40% ranges they can be competitive. >> then it at that point you are talking about the democratic problem with whites. so let me ask you, imagine a world where you have the eraser end in 2013 there is a big deal and comprehensive immigration reform is taken off the table. how far does that get you with this emerging electric, spandex asians is set for and what else does the party have to do to get back to the
there other issues on the economy. when we pulled our weekly tracking poll 70 to 20% said they trusted the democrats economic policies on the economy compared to republicans so there are other issues. what i want to say is 51% of latinos are not going to report the republican. their goal needs to be they had that 40% level that w was able to do in that will make them competitive and they need to create a goal for. they cannot concede 97% of the black vote. start with 12, start with 17 but they...
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Nov 10, 2012
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relationship as a time when it was still largely important to the economy. that might have changed, the perception of the militia is too important to fail remains. -- of the relationship as too important to failed remains. >> you had the president of an up the relationship in 1972. every president, democrat or publican sense has continued to advance the relationship between the u.s. and china. we have never gone backward, we have gone forward. >> so, what to expect? a careful handling of the delicate relationship for sure. don't be surprised by 2016, america is even more indebted to china, a significant trade issues are unresolved and the political ads are still running. >> earlier in the week, i spoke to a nobel peace prize winner and the national security adviser and former secretary of state, henry kissinger, about china and the u.s.'s relationship. i understand the you have met xi jinping. what did you meet -- you make of him? we have heard that he is a man that would like to make sure that there is a seamless transition. >> my impression was that he was
relationship as a time when it was still largely important to the economy. that might have changed, the perception of the militia is too important to fail remains. -- of the relationship as too important to failed remains. >> you had the president of an up the relationship in 1972. every president, democrat or publican sense has continued to advance the relationship between the u.s. and china. we have never gone backward, we have gone forward. >> so, what to expect? a careful...
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Nov 10, 2012
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the economy is sluggish. -- obama. unemployment is high. the economy is sluggish, but he won a relatively convincing election. if you go back and this seems like ancient history, but if you go back to 2009, iphone two days, there was a cover story in the "the new york times magazine" about the teachers union's last stand. it was about how reformers had checked mated the teachers' unions. the big story is obviously that is not what happened and they came roaring back. the latest story is the republican-on-republican violence. you saw that in idaho the -- , s.d. and all of that leads to the other big word that would describe it, and i would say that is uncertainty. you have a pro-reform and anti- reform colliding. the anti-reform folks are not just on the left or the right. i am not sure how that will place out. on twitter, it was the same from the usual suspects as it was monday. i say uncertainty because it is not clear how leaders rise above that, or with a left four years repeat the last -- the next four years repeat the last four years.
the economy is sluggish. -- obama. unemployment is high. the economy is sluggish, but he won a relatively convincing election. if you go back and this seems like ancient history, but if you go back to 2009, iphone two days, there was a cover story in the "the new york times magazine" about the teachers union's last stand. it was about how reformers had checked mated the teachers' unions. the big story is obviously that is not what happened and they came roaring back. the latest story...
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Nov 9, 2012
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the new 2013 ram 1500. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. ♪ try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. that's the sound of car insurance compani these days. here a cheap, there a cheap, everywhere a cheap... you get it. so, what if instead of just a cheap choice, you could make a smart choice? like, esurance for example. they were born online and built to save people money from the beginning. it's what they've always done. not just something they cheap about. that's insurance for the modern world. esurance. now backed by allstate. click or call. >> sean: welcome back to eye special election edition of media mash, a weekly roundup of all the way, the liberal media tries to spin the news. this week, hollywood
the new 2013 ram 1500. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. ♪ try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. that's the sound of car insurance compani these...
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Nov 10, 2012
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CNNW
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. >>> turning to the economy now. with just 52 days to reach a deal, president obama is set to meet with congressional leaders to discuss the so-called fiscal cliff. both the president and house speaker boehner said they are open to compromise, but tax hikes on the rich are a sticking point. >>> number three, the teen girl shot in the head by the taliban for trying to go to school in pakistan is now walking and reading and writing and smiling. this is new video of malali youssufzai. she received international support and thousands of get-well cards. today marks one month since the attack. >>> people who were made homeless by superstorm sandy are finding some relief courtesy of fema. fema has set up a temporary shelter camp in new jersey that looks like a massive tent city. it houses more than 200 people affected by the storm, as well as thousands of utility workers and first responders. thousands of them. but fema officials say sandy evacuees will be moved into better housing this week. >>> number five now, the ceo of
. >>> turning to the economy now. with just 52 days to reach a deal, president obama is set to meet with congressional leaders to discuss the so-called fiscal cliff. both the president and house speaker boehner said they are open to compromise, but tax hikes on the rich are a sticking point. >>> number three, the teen girl shot in the head by the taliban for trying to go to school in pakistan is now walking and reading and writing and smiling. this is new video of malali...
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Nov 8, 2012
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WETA
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economy. so i think those are both very significant concerns, and weighed on investors today ask they obviously responded by selling stocks. >> sreenivasan: we heard late today grooeps passed its austerity measures through its parliament. is that likely to give the markets a bounce? >> yeah, i think you're going to get a bounce and i think that will help give it a little bit of a bounce. i'm a little surprised at the austerity measures. there are a lot of unsettled people in greece. the economy of greece is clearly suffering from the austerity measures that have been imposed on greece, an economy that's in a recession. i think those same kind of concern are about the u.s. imposing fiscal restraint in the form of higher taxes and less spending on our economy. but i think you'll get a little bit of a bounce tomorrow, yes ?rawr all right, health care thanks for your time. a new storm threatened the northeast today with wind, water and snow. its arrival came just over a week after hurricane sandy
economy. so i think those are both very significant concerns, and weighed on investors today ask they obviously responded by selling stocks. >> sreenivasan: we heard late today grooeps passed its austerity measures through its parliament. is that likely to give the markets a bounce? >> yeah, i think you're going to get a bounce and i think that will help give it a little bit of a bounce. i'm a little surprised at the austerity measures. there are a lot of unsettled people in greece....
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economy and try to get through the so-called middle income trap which i think they can do think china can do that. well just as your expert said there's already imbalances even on the trade market i mean people have been moving towards manufacturing from agriculture we're not seeing actually china's labor. even the currency which is the main tool for the for this government is still kind of dependent on the dollar so unless china actually moves to a free floating currency we won't see a market economy how is it going to do that. wall the first thing to understand of course is that china only wants to move to the free market economy where and when it suits its interests and you can't really blame it for doing that but back to the currency issue i think basically the way it works is it brings us back to the first question right because at the moment the main economic driver is still exports and china first has to really resolve that issue once it moves to or shift to a different economic driver like internal consumption it will make it easier to deal with the you want to she was well an
economy and try to get through the so-called middle income trap which i think they can do think china can do that. well just as your expert said there's already imbalances even on the trade market i mean people have been moving towards manufacturing from agriculture we're not seeing actually china's labor. even the currency which is the main tool for the for this government is still kind of dependent on the dollar so unless china actually moves to a free floating currency we won't see a market...
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crude oil prices tumbling on fears of a weak economy, large inventory, crude oil, a stronger dollar that was boosted by a flight from european currencies to this country. crude oil down more than $4, under $85 per barrel. we should point out, today's stock sell-off to my as impressive as it is, does not compare with the sell-off when president obama was first elected back in 2008, and the day after election day than stocks plunged 5% after he was elected, and fell another 12 percent two weeks after the election, and by the end of 2008, the dow had sunk nearly 9%. well, joining us now to assess whether that is the likely path for the markets to follow, charles schwab chief investment strategist and senior vice president. good to have you with us. >> hi. lou: this is a fairly impressive sell-off. what you make of it? >> look, i think yesterday we had two major uncertainties, the dominant one being the fiscal cliff. the last comment, but most trenton center with the election itself. there was some hope that once we get the results of the election we would have greater clarity on the big unc
crude oil prices tumbling on fears of a weak economy, large inventory, crude oil, a stronger dollar that was boosted by a flight from european currencies to this country. crude oil down more than $4, under $85 per barrel. we should point out, today's stock sell-off to my as impressive as it is, does not compare with the sell-off when president obama was first elected back in 2008, and the day after election day than stocks plunged 5% after he was elected, and fell another 12 percent two weeks...
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Nov 12, 2012
11/12
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my own view is that when you look at the biggest, most important, most crucial sectors of our economy, the health sector and the education sector, these have been the sectors that have been tremendously burdensome for middle income families. when you think about a middle income life in this country i think you think about some modicum of stability. you think about having health insurance, you think about having access to a decent education. and i think that actually those sectors, our efforts to help, our efforts to subsidize, our efforts to actually introduce regulations and controls in order to, you know, perfect our health and education systems, i think it actually really backfired in lots of ways. they prevented us from having a lot of the innovation that we need that would drive down costs. and i think you see a similar dynamic in housing. housing is a domain where you're absolutely right, a lot of americans have built wealth through accumulating housing wealth. but i think that actually our efforts to improve and perfect the housing market i think really backfired. now, this is
my own view is that when you look at the biggest, most important, most crucial sectors of our economy, the health sector and the education sector, these have been the sectors that have been tremendously burdensome for middle income families. when you think about a middle income life in this country i think you think about some modicum of stability. you think about having health insurance, you think about having access to a decent education. and i think that actually those sectors, our efforts...
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Nov 8, 2012
11/12
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the first is that the economy, if some bad things don't happen in europe or elsewhere, the economy ought to be on track to do quite well. we're out of the worst part of this economic mess. some economists said that mitt romney would keep that promise if he had been elected, of 12 million jobs, because the economy was already on track to produce those under obama's policies. so that's on the positive side. but i totally agree with your analysis of the election in terms of the middle class and what economic changes the voters were looking for. obama won that industrial belt, what had been and may again be the industrial belt, from wisconsin and michigan to ohio to pennsylvania. with the votes of working people, african-american, latino, and white. and i think it's very important, when you see the effect of the auto rescue in ohio, for example, 60% of the voters in that state said it was a good thing, and they voted overwhelmingly for president obama. that's a signal of the kind of policies that people want. they don't care if it's a lot of government or a little government. they want it to
the first is that the economy, if some bad things don't happen in europe or elsewhere, the economy ought to be on track to do quite well. we're out of the worst part of this economic mess. some economists said that mitt romney would keep that promise if he had been elected, of 12 million jobs, because the economy was already on track to produce those under obama's policies. so that's on the positive side. but i totally agree with your analysis of the election in terms of the middle class and...
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the looming fiscal cliff, our economy hanging in the balance. rachel quit the corporate grind to start her own interior design business. she's got a growing list of clients she keeps in touch with using e-ma marketing from constantcontact.com. constantcontact is easy and affordable. it lets her send out updates and photos that showcase her expertise and inspire her customers for only $15 a month. [ dog barking ] her dream -- to be the area's hottest interior design office. [ children laughing ] right now, she just dreams of an fice. get a free trial at constantcontact.com. lou: let's bring you upto-date correctly on the money and what is happening on wall street. concernssabout pending tax hikes and budget cuts also known as the fiscal cliff. too much for many investors. stock prices for a second straight session. the dow down another hundred and 20 points. the index down three and three-quarters percent. down 400 points. the s&p down another 70. the loss, now three and a half percent. and nasdaq 42 points. mounting to almost 4%. all three i
the looming fiscal cliff, our economy hanging in the balance. rachel quit the corporate grind to start her own interior design business. she's got a growing list of clients she keeps in touch with using e-ma marketing from constantcontact.com. constantcontact is easy and affordable. it lets her send out updates and photos that showcase her expertise and inspire her customers for only $15 a month. [ dog barking ] her dream -- to be the area's hottest interior design office. [ children laughing ]...
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Nov 12, 2012
11/12
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finally, the obama campaign was effective in turning romney into a sim bell of all the things in the economy that hurt people in the middle class. he was using outsourcing. they were using offshoring. they were painting him as the kind of bad guy that led to the economic situation people are in. >> schieffer: it seems to me in the beginning they just made a streamic mistake about ohio. why would you go and campaign against the auto bailout in a place where it worked, where they put people back to work? that seems like an odd way to go about it. i don't think it's the polling in the end that they didn't understand. i mean, that-- why would you use that? that was-- that was the thrust of their message out there. the auto bailout was wrong. >> yeah, well, they thought-- what confused them a little bit is they thought it's about independence in ohio. and we're doing well. they targeted independents, knocked on their doors. these are people who hadn't participated in the primaries of either party, and they were winning with those independents. a senior strategist said to me, fmitt romney loses oh
finally, the obama campaign was effective in turning romney into a sim bell of all the things in the economy that hurt people in the middle class. he was using outsourcing. they were using offshoring. they were painting him as the kind of bad guy that led to the economic situation people are in. >> schieffer: it seems to me in the beginning they just made a streamic mistake about ohio. why would you go and campaign against the auto bailout in a place where it worked, where they put people...